The government risks damaging the UK economy by refusing to give businesses more flexibility on how they calculate scheme deficits, warns the National Association of Pension Funds.
The lobby group has urged the government to allow schemes to lift discount rates to reduce the impact of record low gilt yields, caused in part by the Bank of England's programme of quantitative easing....
Potential changes to accounting standards and increased pressure on companies to accelerate contributions could worsen FTSE 100 scheme funding by up to £100bn, according to Lane Clark and Peacock (LCP).
Smart Pension has taken on over 20,000 active members from the £20m Corpad Master Trust, following a strategic review by the ceding firm's trustees.
The Universities Superannuation Scheme (USS) allegedly obstructed a whistleblower as she tried to discover the true value of the deficit in its defined benefit (DB) section, according to reports.
The Cost Transparency Initiative (CTI) has launched a number of templates and guidance to help pension schemes deliver greater value for savers with enhanced disclosure of transaction cost information.